Here is your fourth lesson in the Email mini course “Secrets of Trading!” - Stochastic Trading

Hi Trader

Stochastic is one of the most popular trading indicators in use today. I have my own little technique for identifying great signals using this indicator.

George Lane was the originator of the stochastic in the 1970’s and he observed that as price progresses in an up trend, the closing price tends to be closer to the upper end of bars, and in a down trend the closing price tends to be nearer the lower end of bars.

Because this lesson contains charts, it has been posted here: http://www.tradeology.com/stochastic.html

Good Trading Mark McRae

P.S. Tomorrow’s breakout technique could change how you trade. Don’t miss it.

P.P.S. You can read the previous lesson here: Pivot Points - http://www.tradeology.com/pivotpoint.html MACD - http://www.tradeology.com/macd.html MA - http://www.tradeology.com/movingaverage.html

About the author:

Mark McRae is a full time trader and author and has written many best selling ebooks and courses on trading. His latest course on the forex market “Surefire Forex Trading” can be viewed at: http://www.tradeology.com/surefire.html

Information, charts or examples contained in this lesson is for illustration and educational purposes only. It should not be considered as advice or an endorsement to purchase or sell any security or financial instrument. We do not and cannot give investment advice.

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